Reddit just reported fourth-quarter earnings
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Reddit reported strong fourth-quarter earnings, surpassing expectations on both revenue and profit. The platform's global daily active users increased by 39% year-over-year, reaching 101.7 million.
February 12, 2025 | 9:30 pm
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Reddit's fourth-quarter earnings exceeded expectations, with a significant 39% increase in daily active users, indicating strong user engagement and potential for future growth.
The earnings report shows Reddit's strong performance with both revenue and profit exceeding expectations. The 39% increase in daily active users suggests robust user engagement, which is a positive indicator for future growth and monetization potential. This is likely to have a positive impact on Reddit's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100